Orlando, FL -- (SBWIRE) -- 10/22/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Qihoo 360 Technology Co Ltd (NYSE:QIHU), Cliffs Natural Resources Inc(NYSE:CLF).
Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares decreased 2.54% to $92.27. QIHU’s stock has been downgraded by TheStreet Ratings from buy to hold on Oct. 2. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth
Are investors worried about the recent updates with QIHU? Find out with a free trend analysis HERE
Cliffs Natural Resources Inc(NYSE:CLF) shares increased 3.08% to $23.73. Cowen and Company upgraded shares of Cliffs Natural from an underperform rating to a market perform rating in a research note released on Oct. 21. They currently have $20.00 target price on the stock, up from their previous target price of $11.00. The analysts noted that the move was a valuation call. Separately, Wells Fargo reported on Oct. 16 that it has started coverage on Cliffs Natural Resources Inc (CLF). The firm has initiated coverage on CLF with a “Market Perform” rating and a valuation range of $20-$24.
Additionally, the company said it intends to announce unaudited 2013 third-quarter financial results after the U.S.-market close Thursday, Oct. 24, 2013.
Is CLF going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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